s 72O Orders pending appeal
72O. Where an appeal is made against an order of the Court made on an application by a creditor or a Restructuring Adviser under section 72N or the dismissal of an application under that provision, the Court may, on the application of the company, make one or more of the following orders, each of which is in force for such period pending the appeal as the Court thinks fit:(a) an order restraining the passing of a resolution for the winding up of the company; (b) an order restraining the appointment of a receiver or manager over any property or undertaking of the company; (c) an order restraining the commencement or continuation of any proceedings (other than proceedings arising from the appeal) against the company, except with the permission of the Court and subject to any terms as the Court imposes;[Act 25 of 2021 wef 01/04/2022] (d) an order restraining the issuance, continuation or execution of any enforcement order or other legal process, or the levying of any distress, against any property of the company, except with the permission of the Court and subject to any terms as the Court imposes;[Act 25 of 2021 wef 01/04/2022] (e) an order restraining the taking of any step to enforce any security over any property of the company, or to repossess any goods held by the company under any chattels leasing agreement, hire‑purchase agreement or retention of title agreement, except with the permission of the Court and subject to any terms as the Court imposes;[Act 25 of 2021 wef 01/04/2022] (f) an order restraining the enforcement of any right of re‑entry or forfeiture under any lease in respect of any premises occupied by the company (including any enforcement pursuant to section 18 or 18A of the Conveyancing and Law of Property Act 1886), except with the permission of the Court and subject to any terms as the Court imposes.[39/2020] [Act 25 of 2021 wef 01/04/2022] [Act 3 of 2025 wef 29/01/2026]